VentureSouth’s Charlie Banks discusses the future of Richmond’s startup scene


More than a decade, a group of investors formed a small angel network in upstate South Carolina. The seeds of that organization laid the groundwork for VentureSouth, a coalition of 21 angel networks and startup organizations across the Southeast. Richmond nonproft incubator and startup hub StartUp Virginia became part of the network almost two years ago, and through the network, investors have placed capital into such Richmond startups as Babylon Farms, HopDrive and RoundlyX.

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